Bluecore Energy raises $50M to move floating reactors toward licensing
Silverton led the seed seven weeks after launch, funding engineering, regulatory work, fuel procurement and Bluecore's Long Beach prototype.
By RuntimeWire Staff · Published
Primary source: TechCrunch
Why it matters
Asante converted early investor demand into $60 million before Bluecore documented a fueled prototype or commercial deployment. The round gives the company capital to build its Long Beach prototype while pursuing the federal and maritime approvals required for a floating reactor.
Kofi Asante's Bluecore Energy announced a $50 million seed round led by Silverton Partners on Tuesday, TechCrunch reported, seven weeks after the Long Beach nuclear developer emerged from stealth with a [$10 million…
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